Empire State REIT to report Q4 Thurs.: Business briefs

Published 9:26 pm, Tuesday, February 11, 2014

Danbury's Odyssey

Logistics gains

Goldman investment

Odyssey Logistics & Technology has announced its acceptance of a non-controlling capital investment from Goldman Sachs. The capital will be used in its ongoing programs of strategic acquisitions and global expansion. The Goldman Sachs investing team was led by Michael McGinn, co-head of Goldman Sachs' Private Capital Investing group, and Stephen Kerns, also a member of the group. Brokerage and investment banking firm, Stifel, Nicolaus & Company, a wholly-owned subsidiary of Stifel Financial Corp., acted as financial adviser to OL&T. Headquartered in Danbury, Odyssey Logistics & Technology is a global lead logistics provider offering a broad array of services to support the shipment of cargoes, both domestically and internationally.

Finch discusses

sustainability

Bridgeport Mayor Bill Finch recently met with Daphne Dixon, of Fairfield, at the business incubator for the Fairfield University Business Accelerator and Mentoring Enterprise to discuss the value of sustainability to the region. Dixon is an inaugural client of FAME, a collaboration between Fairfield University's Charles F. Dolan School of Business, the Town of Fairfield Economic Development Department, and Kleban Properties. Dixon founded `Conscious Decisions,' a socially responsible business venture, to educate the public on sustainable and eco-friendly living practices. She and Mayor Finch discussed the latest sustainable energy products and services available to municipalities. Christopher Anastasi, sustainability coordinator for the City of Bridgeport, also attended the meeting.

The publicly traded Empire State Realty Trust, which includes a handful of Fairfield County properties, will release its fourth-quarter financial results on Thursday afternoon, Feb. 27. A conference call will be held the following morning, at 10 a.m., the company said. Greenwich's Anthony Malkin is the chairman and CEO of the REIT, which includes the Empire State Building, and his father Peter Malkin is chairman emeritus. The conference call is also available over the investor relations section of the ESRT's website at www.empirestaterealtytrust.com. It launched as a public entity in early October at $13 a share. The stock rose 0.7 percent Tuesday to $14.65.